Drilling for Gold in Inishowen

RNS Number : 2078Q
Connemara Mining Company plc
26 February 2016
 

 

26th February 2016

 

Connemara Mining Company plc ("Connemara")

Drilling for Gold in Inishowen, Donegal

 

Connemara Mining (AIM: CON) announces the commencement of a preliminary drilling programme on their gold licences in Inishowen, County Donegal.  The drilling programme follows successful results from trenching conducted at the end of 2015, which returned positive results including; 0.80m at 7.95g/t Gold and 1.1m at 1.78g/t Gold.  Four short diamond drill holes will target the positive trenching results at depth and along strike to assess vein continuity and grade.

 

John Teeling, Chairman, commented "The drilling, which starts today in Donegal is the next step on a long road toward a potential commercial gold discovery.  The journey can stop at any time.  These four holes are to indicate whether the gold bearing rock found in trenching in late 2015 continues at depth and horizontally."

 

 

Connemara is a diversified exploration company with principal assets in gold, zinc and lead exploration licences in Ireland.  The company holds interests in 35 licenses covering an area of approximately 1, 350 sq km.

 

This announcement has been reviewed and approved by Gavin Berkenheger (BSc. Hons) in his capacity as the Qualified Person for the purposes of the AIM Guidance Note for Mining, Oil and Gas Companies issued by the London Stock Exchange. 

 

 


Enquiries:

 

Connemara Mining Company Plc


John Teeling, Chairman

+353 1 833 2833

Jim Finn, Director


Northland Capital Partners Limited


William Vandyk/Gerry Beaney

+44 (0) 20 7382 1100

John Howes/Mark Treharne (Broking)


Dowgate Capital Stockbrokers Limited


Jason Robertson

+44 (0) 1293 517744

Blytheweigh

+44 (0) 20 7138 3204

Tim Blythe

+44 (0) 7816 924 626

Halimah Hussain

+44 (0) 7725 978 141

Camilla Horsfall

+44 (0) 7817 841 793

PSG Plus


Aoife Ross

+353 1 661 4055

Alan Tyrrell

+353 1 661 4055

 

www.connemaramining.com

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DRLEAKASAEFKEFF
UK 100

Latest directors dealings